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Iran-US Tensions Trigger ₹16.32 Lakh Crore Loss in India; Investors Hit by Two-Day Market Fall
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US-Iran Tensions Wipe Out ₹16.32 Lakh Crore from Indian Stock Market
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News18
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05-03-2026, 10:23
US-Iran Tensions Wipe Out ₹16.32 Lakh Crore from Indian Stock Market
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Indian stock market lost ₹16.32 lakh crore in investor wealth due to escalating US, Israel, and Iran military tensions.
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Market saw sharp declines on Monday and Wednesday; BSE Sensex fell 1,122.66 points on Wednesday, closing at 79,116.19.
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Geopolitical concerns, rising crude oil prices ($82.73/barrel), and FII selling shook investor confidence.
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Tata Steel, Larsen & Toubro, Bajaj Finance among top losers; metal, public sector banks, and energy sectors hit hard.
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Asian markets also plunged significantly, though a positive trend is visible on Thursday.
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